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ARDEN HILLS CITY COUNCIL WORK SESSION — AUGUST 21, 2023 9 Councilmember Monson stated this level of detail has not been addressed yet. Ms. Kvilvang indicated Alatus would like to better understand the comfort level of the Council before getting down to this level of detail. She questioned if the Council could consider a development plan with 1789 or 1960 units. Councilmember Holden discussed how important home ownership was to the original plans for TCAAP. She expressed concern with how many more rental units would be included within development now. Ms. Kvilvang reviewed the plans for the Hill and Creek neighborhoods. She noted the affordable units would be within the Town Center. City Administrator Perrault explained Alatus was looking into constructing townhouses and affordable stack houses. Mayor Grant commented on the differences between the 1460 and 1789 density scenarios. He stated he was surprised that the value of the development would only increase by $14 million going from 1460 to 1789 units. Councilmember Monson indicated she would like to see the development ensuring a level of home ownership as well within TCAAP. She commented she would be open to looking at the level of Office Flex if more jobs were needed. Mayor Grant reported jobs and home ownership were important to him as well. He saw value in a resident owning their property/unit. He explained jobs were important in order to move the project forward. Councilmember Monson believed the Council was providing good visioning and starting point information. Councilmember Holden commented she was just provided with the financial numbers and data and noted she was not prepared to discuss visioning for this development. Mayor Grant stated in the past, Mr. Lux would attend meetings and provide visuals. Ms. Kvilvang anticipated this would occur, but the Council would have to decide on a density scenario. Councilmember Rousseau explained she supported homeownership within the development as well. She didn't want to cram people into the development for the sake of cramming people in, but rather wanted people to have the right amount of space for their home. Councilmember Holden indicated she wanted to know more about how CR96 would be impacted by TCAAP.